ABB, Rolls-Royce Plc., and Schneider Electric were dominating the Philippines Microgrid Market in 2021

The Philippines Microgrid Market is expected to grow with a CAGR of 17.6% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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Philippines microgrid market is a highly fragmented market, including a majority number of key players. The market has witnessed increased strategic developments owing to favourable market scenarios.

The major players in the Philippines microgrid market are introducing a strong range of product providers, launching new products, and adopting strategic initiatives such as acquisition, agreement, business expansion, awards, and recognition. This helped companies to maximize sales with an enhanced product portfolio.

For instance:

  • In March 2022, Siemens had deployed the Middle East's first microgrid designed for industrial use, enabling Qatar Solar Energy (QSE) to reduce electricity costs, curb carbon emissions and benefit from a more stable power supply

ABB is the dominating player in the Philippines microgrid market. The other key players in the market are Rolls-Royce plc, Schneider Electric, Cummins Inc., Siemens, General Electric, Black & Veatch Holding Company, Honeywell International Inc., Eaton, and Hitachi Energy Ltd others.

ABB

ABB was founded in 1883 and headquartered in Zurich, Switzerland. The company engaged in providing products and software in electrification for various industries. The company generated revenue through various business segments such as electrification, motion process automation, robotics & discrete automation. The company has several product categories, including control systems, drivers & motors, motors & generators, power converters & inverters, electric vehicle charging infrastructure, robotics, training, turbocharging, industrial analytics and AI, low voltage products and systems, measurement and analytics, measurement and analytics, ups and power conditioning of which low voltage products and systems is the market focused category. The subsidiaries of the company are ABB Australia Pty Limited, Moorebank, NSW (Australia), ABB Ltda., São Paulo (Brazil), Asea Brown Boveri S.A.E., Cairo (Egypt), ABB AG, Mannheim (Germany), ABB Pte. Ltd., Singapore (Singapore) among others.

For instance,

  • In January 2021, ABB had driven the deployment of microgrids on a global scale to provide smart and sustainable solutions for a world that needs a major shift toward renewables to achieve global annual greenhouse gas reduction. This strategy further helped the company protect facilities against extreme weather events, energy security risks, and major shifts in power demand.

The company has a wide presence across Asia-Pacific, Europe, Middle East and Africa, South America and North America.

Rolls-Royce, plc

Rolls-Royce plc was founded in 1906, with headquarters in London, U.K. The company is engaged in delivering cutting edge technologies that deliver clean, safe and competitive solutions to meet consumers' demands. The company has several product categories, including power systems, defense, civil aerospace, r2 data labs, and electrical, of which power system is the focused category. The subsidiaries of the company are Rolls-Royce Power Systems (Germany), ITP Aero (Spain), Bergen Engines (Norway), Rolls-Royce North America (U.S.) & Rolls-Royce Canada, Limited (Canada), among others.

The company has a presence in the Americas, Europe, Asia-Pacific, Middle East and Africa.

Philippines Microgrid Market

Schneider Electric

Schneider Electric was founded in 1836, with headquarters in Bourgogne-Franche-Comté, France. The company is engaged in manufacturing innovative solutions that deliver essential energy, healthcare and transportation infrastructure. The company offers product categories such as ecostruxure for your business, solar & energy storage, microgrid, safety, ecostruxure for partners, your home, and access to energy market focused category. The subsidiaries of the company are Télémécanique (France), Square D (U.S.), Luminous Power Technologies (India), Eurotherm (U.K.), Clipsal (Australia) among others.

For instance,

  • In June 2021, Schneider Electric collaborated with Wärtsilä to develop an end-to-end power system reference design for lithium mine operations without access to grid electricity supply. The solution helped in leveraging microgrid and utilizing renewable energy sources at mining locations. This helped in achieving efficient and cost-effective energy solutions for lithium mining industry.

The company has a presence across Asia-Pacific, Europe, Middle East and Africa, South America and North America.